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Newsroom

Toronto, ON. (January 21, 2008) – GMP Capital Trust (the “Fund”) announced today a monthly cash distribution of
$0.14 per unit for the month of January 2008 to be paid on February 20, 2008, to unitholders of record as of January
31, 2008. The Fund’s units trade on the Toronto Stock Exchange under the symbol GMP.UN. A cash distribution of
$0.14 per unit for the month of January 2008 to be paid on February 20, 2008, was also declared to holders of the
Class B limited partner units of Griffiths McBurney L.P.